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Topic: Free BTC at MIT - page 4. (Read 6023 times)

legendary
Activity: 1258
Merit: 1027
May 03, 2014, 11:17:46 AM
#64
Exactly.
IMO, seeking donation from alumni is the easy part, asking them to support a bitcoin event may be a little bit hard, especially if they "learn" about bitcoin from mass media. Smiley

Not sure what school we are talking about here, but I'd be surprised if at least a few alum were not aware of the benefits of Bitcoin and already invested Wink

I believe the MIT donations were made in BTC.
hero member
Activity: 674
Merit: 500
May 03, 2014, 05:21:18 AM
#63
As a college student myself I'd love to be a part of this... I guess I need to transfer to MIT.

Or better, ask the alumni from your college / university  to do some BTC fundraising and distribution, just like those guys did there at the Massachusetts Institute of Technology.  Grin

Exactly.
IMO, seeking donation from alumni is the easy part, asking them to support a bitcoin event may be a little bit hard, especially if they "learn" about bitcoin from mass media. Smiley
legendary
Activity: 3766
Merit: 1217
May 03, 2014, 02:19:58 AM
#62
As a college student myself I'd love to be a part of this... I guess I need to transfer to MIT.

Or better, ask the alumni from your college / university  to do some BTC fundraising and distribution, just like those guys did there at the Massachusetts Institute of Technology.  Grin
full member
Activity: 210
Merit: 100
Looking for the next big thing
May 03, 2014, 01:09:51 AM
#61
Breaking News January 2015.  After getting $100 in free bitcoin in 2014, a small group of MIT students dropout of school and invent a 2nd generation cryptocurrency that smashes bitcoin and goes on to be rapidly accepted by the whole world.  Hahahaha

Just saying... stranger things have happened.
member
Activity: 88
Merit: 10
May 01, 2014, 03:56:18 PM
#60
As a college student myself I'd love to be a part of this... I guess I need to transfer to MIT.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
May 01, 2014, 03:17:15 PM
#59
It will be interesting to see what happens ten years after giving the next generation of computer scientists bitcoin. there are some smart people at MIT, any one of them may produce the killer app needed by the mainstream.

The revolution will be monetized!
I Love this story:
Boston will be a high priority place to visit in a couple years.
Also, beyond the local impact (like you pointed out) there could be many more lasting effects.
full member
Activity: 122
Merit: 100
May 01, 2014, 11:18:15 AM
#58
These guys are just not giving away bitcoins, but just getting everyone aware of the bitcoins and how it works. That is really good idea indeed.
hero member
Activity: 601
Merit: 500
Vote 4fryn :)
May 01, 2014, 11:15:35 AM
#57
i think mit students are the least people in the world who need free money
I don't think that this is about free money. This is about spreading knowledge and essentially some coins.

And the people who donated the coins donated it for a purpose - getting it into the hands of a lot of very technically minded students who can do development for it.  If someone else want to donate to a homeless shelter, no one is stopping them.

And spreading the main idea of bitcoin!
hero member
Activity: 588
Merit: 500
May 01, 2014, 09:05:30 AM
#56
http://bitcoin.mit.edu/announcing-the-mit-bitcoin-project/

Wow $100 for free, like the students at MIT need more free money.  How about giving it to a homeless shelter instead?

The problem with your thought is that they will blow it on something, MIT students MIGHT and maybe spend it on useful things?
full member
Activity: 140
Merit: 100
Put your trust in MATH.
May 01, 2014, 09:04:19 AM
#55
Just the beginning friends!

These will be the people the takers will look to for ideas.  And those ideas will have a BTC flavor!
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
May 01, 2014, 08:55:35 AM
#54
It will be interesting to see what happens ten years after giving the next generation of computer scientists bitcoin. there are some smart people at MIT, any one of them may produce the killer app needed by the mainstream.
hero member
Activity: 504
Merit: 500
May 01, 2014, 08:52:17 AM
#53
Airdropping bitcoin into what is one of the most technically literate groups in the world is the perfect move.

And just think, they are the ones who will be going out into jobs with knowledge of bitcoin, and can spread it to their coworkers, friends family, and come off as knowledgeable on bitcoin.  It should help spread adoption.
full member
Activity: 182
Merit: 100
April 30, 2014, 06:53:12 PM
#52
Airdropping bitcoin into what is one of the most technically literate groups in the world is the perfect move.
hero member
Activity: 672
Merit: 500
April 30, 2014, 05:17:01 PM
#51
well i think this move is to find some fresh brains & eventually they will feed some whales on day trading ^^
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 30, 2014, 03:36:14 PM
#50
Two MIT students have raised half a million dollars to distribute $100 in bitcoin to every undergraduate student at MIT this fall.

How do they manage to raise so much money

MIT grads tend to have really good jobs, so the biggest challenge was making a good presentation and appearing to be trustworthy.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 30, 2014, 01:59:06 PM
#49
This is kind of how a real airdrop is suppose to work.  Not some shady anonymous dude doing a copy and paste trying to airdrop coins for his oppressed people.  Sure, helping the needy sounds great in theory, kind of like communism.  Everybody gets something for nothing so nobody goes to work.   

At MIT what we have is a practical and well thought out airdrop that is being dropped via funds from real people with real money.  The shops that accept the coin can think that there is a real history and therefore real value in the coins they accept.  The end result is the whales giving money away might actually be richer from this in the long run because the bitcoin they still do hold will become more valuable. 

If more whales step forward and fund more well thought out air drops targeting specific communities that have the power to later be market movers, then yes, this will have been a defining moment in the history of bitcoin. 

This little stint at MIT to me is hands down the best advertisement/stunt since Doge sponsored the bob sled team.   That was cool.  This is cooler.  Since then Doge has been trying to sponser this team or that cause.  But they already got most of the low lying fruit with reddit and the bobsled team.  Now each effort brings less and less people in.  Where as these MIT like air drops in select targets will not just be a one time bump.  They will keep on giving and giving (if done right and I understand it correctly).

How about an "airdrop" for small businesses in a certain region or city, trying to get local mass adoption, to show the world or bigger companies what they're missing out on?

The other major colleges in the Boston area would make a great target, then the exciting experiment will spread beyond the MIT neighborhood.
This was suggested by someone else in another thread.
hero member
Activity: 546
Merit: 500
Carpe Diem
April 30, 2014, 01:49:21 PM
#48
This is kind of how a real airdrop is suppose to work.  Not some shady anonymous dude doing a copy and paste trying to airdrop coins for his oppressed people.  Sure, helping the needy sounds great in theory, kind of like communism.  Everybody gets something for nothing so nobody goes to work.   

At MIT what we have is a practical and well thought out airdrop that is being dropped via funds from real people with real money.  The shops that accept the coin can think that there is a real history and therefore real value in the coins they accept.  The end result is the whales giving money away might actually be richer from this in the long run because the bitcoin they still do hold will become more valuable. 

If more whales step forward and fund more well thought out air drops targeting specific communities that have the power to later be market movers, then yes, this will have been a defining moment in the history of bitcoin. 

This little stint at MIT to me is hands down the best advertisement/stunt since Doge sponsored the bob sled team.   That was cool.  This is cooler.  Since then Doge has been trying to sponser this team or that cause.  But they already got most of the low lying fruit with reddit and the bobsled team.  Now each effort brings less and less people in.  Where as these MIT like air drops in select targets will not just be a one time bump.  They will keep on giving and giving (if done right and I understand it correctly).

How about an "airdrop" for small businesses in a certain region or city, trying to get local mass adoption, to show the world or bigger companies what they're missing out on?
newbie
Activity: 37
Merit: 0
April 30, 2014, 01:24:49 PM
#47
$100 for free? I'll never believe this!
full member
Activity: 210
Merit: 100
Looking for the next big thing
April 30, 2014, 08:09:41 AM
#46
This is kind of how a real airdrop is suppose to work.  Not some shady anonymous dude doing a copy and paste trying to airdrop coins for his oppressed people.  Sure, helping the needy sounds great in theory, kind of like communism.  Everybody gets something for nothing so nobody goes to work.   

At MIT what we have is a practical and well thought out airdrop that is being dropped via funds from real people with real money.  The shops that accept the coin can think that there is a real history and therefore real value in the coins they accept.  The end result is the whales giving money away might actually be richer from this in the long run because the bitcoin they still do hold will become more valuable. 

If more whales step forward and fund more well thought out air drops targeting specific communities that have the power to later be market movers, then yes, this will have been a defining moment in the history of bitcoin. 

This little stint at MIT to me is hands down the best advertisement/stunt since Doge sponsored the bob sled team.   That was cool.  This is cooler.  Since then Doge has been trying to sponser this team or that cause.  But they already got most of the low lying fruit with reddit and the bobsled team.  Now each effort brings less and less people in.  Where as these MIT like air drops in select targets will not just be a one time bump.  They will keep on giving and giving (if done right and I understand it correctly).
sr. member
Activity: 470
Merit: 250
April 30, 2014, 03:40:27 AM
#45
Smart more, and if succesful, easy to replicate on other schools.
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